Form 4: Semrush CFO Brian Mulroy Reports Stock Transactions

Brian Mulroy, CFO of Semrush Holdings, Inc., reports the acquisition of restricted stock units and the sale of shares to cover tax obligations.

Summary

• On March 1, 2025, Brian Mulroy, the CFO of Semrush Holdings, Inc., was granted 290,909 restricted stock units (RSUs) under the company's 2021 Stock Option and Incentive Plan.
• These RSUs will vest over three years, starting with one-third on March 1, 2026, followed by equal quarterly installments over the subsequent 24 months.
• On March 3, 2025, Mulroy sold 22,547 shares of Class A Common Stock at a weighted average price of $11.2 to cover tax withholding obligations related to the vesting of RSUs on March 1, 2025.
• Following these transactions, Mulroy beneficially owns 698,558 shares of Class A Common Stock, a portion of which are represented by RSUs.

Sentiment

Score: 5

Explanation: This is a neutral disclosure of stock transactions. The sale of shares is related to tax obligations, and the grant of RSUs is part of standard executive compensation.

Future Outlook

The RSUs will vest over a period of three years, with one-third vesting on March 1, 2026, and then in equal quarterly installments over the 24-month period thereafter.

Industry Context

This filing is a routine disclosure of stock transactions by a company executive, which is common for publicly traded companies. It provides transparency into the executive's holdings and transactions in the company's stock.

Stakeholder Impact

• The transactions have a minimal direct impact on stakeholders, as they are related to executive compensation and tax obligations.

Key Dates